SRM Contractors Ltd.
365.35
INR
-14.20
(-3.74%)
SRM Contractors Ltd.
NSE:SRM
(National Stock Exchange of India)
Recent
price
365.35
P/E
ratio
9.98
div
yld
- -
ROIC.AI
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- Business
- SRM Contractors Limited is an engineering and construction company specializing in the construction of roads, bridges, tunnels, slope stabilization works, and other civil infrastructure projects primarily in the Union Territories of Jammu & Kashmir and Ladakh, with expanding operations in states such as Gujarat, Himachal Pradesh, and Odisha. Incorporated in 2008 and headquartered in Jammu, the company operates as an EPC (Engineering, Procurement, and Construction) contractor and undertakes unit rate-based infrastructure projects including road realignment, widening, restoration, tunnel design and construction, avalanche and landslide protection tunnels, and miscellaneous civil construction works. Its portfolio includes project execution in challenging terrains, performance-based maintenance contracts, and sub-contracting assignments, serving government and quasi-government entities with a focus on high-margin central government projects. In the past 1-2 years, SRM Contractors has made a strategic acquisition by acquiring a 51% stake in Maccaferri Infrastructure Private Limited, a company specializing in geotechnical solutions such as slope stabilization, rockfall protection, and environmental solutions, thereby expanding its footprint across India in these specialized infrastructure segments. Additionally, the company has secured significant new contracts worth approximately ₹174 crore, reinforcing its order book and growth trajectory. SRM Contractors also recently launched new projects and continues to expand its operational geography while receiving industry accolades such as the ET Infra Leadership Award for its tunnel projects. The company maintains a track record of sustained profit growth, operational excellence, and strategic expansion in the civil engineering and infrastructure construction sectors in India.